Khosla Ventures Founder Vinod Khosla joins Caroline Hyde and Ed Ludlow to discuss the latest tech layoff news with Amazon planning to cut about 10,000 jobs. Plus, his views on the state of tech climate funding, US-China tensions, and what tech trends to watch. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg
Month: October 2024
The fundraising landscape is shifting fast, and in 2025, the old rules no longer apply. Startups navigating flat, down, or extension rounds must be more strategic than ever in securing their next round of capital. Traditional metrics like $100 million in revenue for an IPO or $1 million ARR for a Series A are becoming
The clock is ticking down! Just 6 days to go until TechCrunch Disrupt 2024! Join 10,000 industry leaders from around the world at Moscone West in San Francisco from October 28-30 to witness groundbreaking discussions with top-tier industry experts, elite networking, an exciting showcase of the newest tech innovations, and so much more. Time is
Federal regulators have cleared the path for electric vertical takeoff and landing aircraft to share U.S. airspace with planes and helicopters — a win for the burgeoning industry and a timely decision for startups like Joby Aviation and Archer Aviation that are expected to launch air taxi networks commercially in 2025. The Federal Aviation Administration
Ro co-founder and CEO Zachariah Reitano said while he’d “never say never” about potentially taking the seven-year-old telehealth company public, he thinks the benefits of being a private company are growing. Reitano dodged multiple questions from Axios reporter Dan Primack about whether or not the company has plans to IPO in the near term —
Cement startup Furno will receive a $20 million grant from the Department of Energy, funds that will help the company build up to eight micro-kilns at a concrete plant in Chicago. Chicago might not seem like the sort of place where cement is hard to come by. But with the nearest kiln 100 miles away,
Almost exactly two years after releasing the Orba 2, Artiphon is completing the trilogy. The newly announced Orba 3 finds the Nashville-based startup baking live sampling into its clever handheld instrument. The feature arrives by way of a built-in microphone, which lets users record their voice, instruments, and other sounds. All of that can be
Paccurate co-founder and CEO James Malley likes to joke that once you get into supply chain tech, the category doesn’t let you back out. Ten years ago, Malley and Patrick Powers were working together as consultants when they started getting asked the same question over and over. Their clients were asking for help reducing the
Bose gave up on Sleepbuds after two generations. It was a sad, premature end for a promising product. The headphone maker came closer to creating a truly great pair of sleep headphones than anyone else. Ultimately, however, it seems the company was no longer interested in pursuing the product, which proved a major setback for
As petrochemical plants and other emitters look to reduce emissions, they’re finding that sopping up and storing all the carbon dioxide they produce doesn’t come cheap. First they have to capture it, an energy-intensive process that requires specialized equipment. Then they have to transport it and stash it away, which can be tricky depending on
It was a lean few years for the iPad. The tablet fell out of favor with Apple, as the company turned its focus to other categories like mobile, content, wearables, and mixed reality. The same could have been said about the Mac a few years prior, but the laptop/desktop has had a renaissance in Cupertino,
With the current unemployment crisis in Hollywood, many TV and film crew members are concerned about finding their next job. This is particularly the case for freelancers, who often face unstable work and irregular pay. Shobizzy is the latest professional networking app for the entertainment industry that aims to address this challenge. And, as more
Mar.15 — Loup Ventures co-founder Gene Munster discusses the unveiling of Tesla Inc.’s Model Y crossover, Apple Inc. firing back at Spotify’s antitrust complaint and Qualcomm winning the first U.S. jury trial in its global dispute with Apple. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”
With TechCrunch Disrupt 2024 less than a week away, we’re thrilled to announce the complete list of companies behind the Side Events, set to amplify the excitement for thousands of attendees and Silicon Valley residents. From casual happy hours to insightful discussions and energizing morning runs, Disrupt Week — spanning October 26 to November 1
Even though India isn’t at the forefront of the global AI innovation battle, demand for AI in the country is growing as businesses seek efficiencies and tech companies promote AI developments as a cure-all. The South Asian nation is projected to have an AI market touching $17 billion by 2027, according to a joint report
Instagram and Threads accounts that track the private jets of celebrities – including Mark Zuckerberg, Elon Musk, Kim Kardashian, Bill Gates, Jeff Bezos, and Kylie Jenner – were suspended on Monday, according to the owner of many such accounts, Florida college student, Jack Sweeney. Links to Instagram/Threads accounts tracking the flights of former President Donald
On TikTok, Daze’s most popular video has been viewed 8 million times. Across TikTok and Instagram, the startup behind a new messaging app aimed at Gen Z has seen around 48 million combined views. Prelaunch, the app’s waitlist is already bursting with roughly 156,000 sign-ups. Driving the demand for this next-generation alternative to iMessage and
Los Angeles is known for glitz, but there’s also a lot of grit in the air — literally. Thousands of containers are moved off and on ships at the area’s two major ports every day, almost always transferred via pollution-spewing diesel trucks. This has made Los Angeles a hotbed for all kinds of new electric
In an interesting variation of the usual “stop stealing our stuff” lawsuit already deployed dozens of times against AI companies, today brings a more nuanced form of alleged theft. Alcon Entertainment, a production company behind “Blade Runner 2049,” is suing Tesla, Elon Musk, and Warner Bros Digital for what they claim is a willful circumvention
SpaceX was able to launch its Starship vehicle then caught its Super Heavy booster rocket back on the launch pad. The rocket was able to be controlled back down to Earth, where it reignited its engines to slow itself down as it came in for landing. Two arms protruding from Starship’s launch tower then “caught”
AI search engine Perplexity is in fundraising talks and hopes to raise around $500 million at an $8 billion valuation, according to the Wall Street Journal. If a deal happens with those terms, it would more than double Perplexity’s valuation from its $3 billion valuation when it raised from SoftBank over the summer. The WSJ
As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that non-technical team members can “actually have a much deeper understanding than an average engineer on
Ivan Feinseth, chief investment officer of Tigress Financial Partners, talks about Tesla Inc.’s results and outlook. Tesla surged in late trading after the electric-car maker reined in expenses and posted its first profit in almost a year. Feinseth speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Australia.”
Mira Murati, the OpenAI CTO who announced her departure last month, is raising VC funding for a new AI startup, according to Reuters. This startup will reportedly focus on building AI products based on proprietary models and could raise more than $100 million in this round. At the time of her departure, Murati wrote on
Midjourney is planning to release an upgraded web tool that’ll let users edit any uploaded images from the web using Midjourney’s generative AI. The upgraded tool, which Midjourney CEO David Holtz said will be released “early next week,” will also allow users to retexture objects in images to “repaint” their colors and details according to
Penguin Random House, the world’s largest trade publisher, will be adding language to the copyright pages of its books to prohibit the use of those books to train AI. The Bookseller reports that new books and reprints of older titles from the publisher will now include the statement, “No part of this book may be
Today on TechCrunch’s Equity podcast, Devin Coldewey, Margaux MacColl and Anthony Ha are rounding up the week’s startup and venture news, kicking things off with a look at the $400 million raised by Lightmatter, and the importance of fast networking within the fast growing data center industry today — not just in years to come
Social networking startup Bluesky, which just reported a gain of half a million users over the past day, has now soared into the top five apps on the U.S. App Store and has become the No. 2 app in the Social Networking category, up from No. 181 a week ago, according to data from app
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought us some exciting fundraising news from around the world, and even some exits. But if you are looking for tech IPOs, you will have
Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee. Fluid
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